Greed and fear are the emotions that rule markets. Fear is winning. They aren't buying stocks, and more importantly, suddenly afraid they won't be repaid, they aren't making loans by buying bonds. Banks have also tightened credit.

It provides welfare for the mega-rich from the ordinary taxpayer. ...the little people – didn't understand it and were too stupid to applaud forking over hundreds of billions of dollars to their betters in just the manner being prescribed.

These seven works taken together represent the first integration and systematic elaboration of the Austrian theories of money, capital, business cycles, and comparative monetary institutions, which constitute the essential core of Austrian macroecono

Having tried without success to unlock frozen credit markets, the Treasury Department is considering taking ownership stakes in many United States banks to try to restore confidence in the financial system, according to government officials.

American International Group has blown through the $85.0 billion it borrowed from the United States government last month and is getting an additional $37.8 billion line of credit from the Fed as it seeks to shrink itself into profitability.

Cops say the Wall Street crisis has had a disturbing affect on one disgruntled investor. Police charged a 60-year-old man with threatening to blow up a bank branch. He was angry about his investment losses, so he said he would kill everyone inside.

WASHINGTON, Oct. 8 (UPI) -- This is more than a global financial meltdown: Other major nations around the world this week are following U.S. President George W. Bush's lead in effectively dismantling the very structures of free-market capitalism.

Dart said that from now on, banks will have to present his office with a court affidavit that proves the home's occupant is either the owner or has been properly notified of the foreclosure proceedings.

The global economic crisis and the centralization of power that would be implemented under the pretext of fixing it were predicted by this website as well as regular guests who appeared on The Alex Jones Show for the past three years-plus.

In The Depression millions of automobiles will be scrapped after being abandoned by their owners for lack of insurance and registration fee money. Cheap scooters will become the dominant form of transportation for those with jobs, as they will be al

They don't call him President Bush in Venezuela anymore. Now he's known as "Comrade." With the Bush administration resorting to government bailout after government bailout to keep the US economy afloat, leftist governments and their

Every day for over 3 years FreedomsPhoenix has covered the economy. Over 2300 of the the most informative headlines are available for your crash course to understand exactly what happened and why. So you can make informed decisions.

Beginning on October 7, 2008 and running through March 2009, they foresee a calamitous period on an epic scale. America will be beset by a variety of problems, which they broke down as 45-48% related to the economy, 40% concerning the military...

The Dow Jones industrial average plunged 508 points, or 5.1 percent, extending a slide of months that has erased a third of its value in a year. In the last five trading days alone, the Dow has lost 1,400 points.

Americans' retirement plans have lost as much as $2 trillion in the past 15 months - about 20% of their value - Congress' top budget analyst estimated as lawmakers began investigating how turmoil in the financial industry is whittling away wo

The S&P 500 slid 60.66 points, or 5.7 percent, to 996.23, extending its 2008 tumble to 32 percent in the market's worst yearly slump since 1937. The Dow Jones Industrial Average dropped 508.39, or 5.1 percent, to 9,447.11, giving it a 29 percent

The S&P 500 slid 60.66 points, or 5.7 percent, to 996.23, extending its 2008 tumble to 32 percent in the market's worst yearly slump since 1937. The Dow Jones Industrial Average dropped 508.39, or 5.1 percent, to 9,447.11, giving it a 29 percent

A man with an MBA in finance, distraught because he could not find work shot and killed his mother-in-law, his wife and three sons and then killed himself inside a home in an upscale San Fernando Valley, CA neighborhood, police said.